The pound edged higher against its major counterparts in the New York session on Monday.

The pound advanced to a 4-day high of 1.2697 against the greenback, 10-day high of 1.1343 against the franc and near a 16-year high of 202.70 against the yen, off its early lows of 1.2630, 1.1288 and 201.13, respectively.

The pound recovered to 0.8452 against the euro, from an early 2-week low of 0.8477.

The pound is seen finding resistance around 1.29 against the greenback, 1.15 against the franc, 204.00 against the yen and 0.83 against the euro.

Grafico Cross Sterling vs Yen (FX:GBPJPY)

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Grafico Cross Sterling vs Yen (FX:GBPJPY)

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